How the Income-Driven Repayment Waiver Can Help Student Loan Borrowers Get Closer to Forgiveness w/ Lauryn Williams

《Journey To Launch》Podcast

This week on the Journey to Launch Podcast, I am sharing a conversation I had on IG Live with Lauryn Williams from Student Loan Planner. Lauryn provides crucial information for student loan borrowers about the Biden administration's Income-Driven Repayment (IDR) waiver for federal student loans, which can significantly impact loan forgiveness eligibility. The steps to take include: understand your loan type, consider consolidation, and take timely action before June 30, 2024 which is the deadline to maximize benefits. 

In this episode, Lauryn shares: 

  • What is the IDR Waiver and how it can help student loan borrowers get closer to forgiveness
  • Why borrowers with Federal Family Education Loan (FFEL) loans or those with multiple loan types should consider consolidation to benefit from the IDR waiver.
  • Where to go to see your loans and determine your next steps 
  • How to stay informed about your loans and any future opportunities for forgiveness or adjustment if you miss the deadline + more.

Other Links Mentioned in episode:

  • How to Qualify for the IDR Waiver
  • Student Loan Planner
  • www.StudentAid.gov  
  • Get your copy of my book: Your Journey To Financial Freedom
  • Leave Your Journey To Financial Freedom a review!
  • Get The Budget Bootcamp for FREE
  • Check out my personal website here.
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  • YNAB –  Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link.
  • What stage of the financial journey are you on? Are you working on financial stability or work flexibility? Find out with this free assessment and get a curated list of the 10 next best episodes for you to listen to depending on your stage. Check it out here!

Connect with Lauren:

  • Website
  • Instagram: @LauryncWilliams

Connect with me:

  • Instagram: @Journeytolaunch
  • Twitter: @JourneyToLaunch
  • Facebook: @Journey To Launch
  • Join the Private Facebook Group
  • Join the Waitlist for My FI Course
  • Get The Free Jumpstart Guide
  • Get The Budget Bootcamp for FREE

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